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Ørsted sells European onshore renewables for $1.7B to focus on offshore wind amid U.S. challenges.
Ørsted agreed to sell its European onshore renewable assets for €1.44 billion ($1.7 billion) to Copenhagen Infrastructure Partners, completing a divestment program that has raised $7.26 billion since 2025.
The deal, pending regulatory approval, includes wind, solar, and battery projects in Ireland, the U.K., Germany, and Spain.
Just one day after a U.S. judge allowed construction to resume on the Sunrise Wind offshore project off New York—halted over national security concerns—Ørsted confirmed the sale as part of a strategic shift to focus on offshore wind in Europe and select Asia Pacific markets amid U.S. political challenges.
Ørsted vende energías renovables en tierra europeas por $ 1.7B para centrarse en la energía eólica marina en medio de los desafíos de los Estados Unidos.